In modern society, electronic payment methods have sprung up like mushrooms after a rain, and mobile phone payment, face payment, ** payment, etc. are ubiquitous, making cash payment gradually decline. However, despite this, there are still people who stick to the cash in their hands and choose to deposit it in the "Rural Credit Cooperative" and the "Postal Savings Bank". Why does such an alternative still exist?Is there some kind of deep meaning hidden in this?
From a practical point of view, "Rural Credit Cooperatives" and "Postal Savings Bank", as two traditional financial institutions, have extensive influence and market share in some regions. For some elderly people, residents in rural and remote areas who are accustomed to depositing their cash in these institutions, compared with the "rural credit cooperatives" and "postal savings banks" to make payments, loans, and inquiries electronically, face-to-face business is more intuitive, reassuring and reliable. They put their money in these institutions, not only out of traditional habits, but also as a kind of trust in financial security. Some people choose to deposit cash in "rural credit cooperatives" and "postal savings banks" because of the flexibility of funds. Although electronic payment methods are extremely convenient, there are also risks such as information leakage and theft. Keeping cash in these institutions not only allows you to hedge these risks, but also allows you to have more flexibility with your money when you need it. Especially in some remote areas, where network coverage is poor, electronic payment methods are not easily rolled out, so more people will choose to rely on physical goods – cash.
In the face of today's financial technology era in full swing, it has to be mentioned that it is not 100% safe to deposit cash in traditional financial institutions. Although the "Rural Credit Cooperatives" and the "Postal Savings Bank" also promote electronic payment, online banking and other services, they still lag behind the payment methods of Internet giants. Many people worry that the cash stored in these institutions will not be able to keep pace with the development of Internet payment methods, and will not be able to enjoy more convenience and possible profit opportunities. As a result, some young people and city dwellers are more inclined to transfer their funds to Internet payment and other financial innovation platforms. Still, for those who still choose to keep cash in "rural credit cooperatives" and "postal savings banks", they may have their own reasons for thoughtfulness. There may be more stories and hidden secrets hidden in this, or it may be the deep affection for traditional financial institutions, or the unwillingness to be in the era of financial technology. In any case, people's attitudes and choices towards cash reflect the changes in the individual's lifestyle and social environment.
In the future, with the continuous development and popularization of financial technology, more changes are bound to occur in the way of cash storage. New payment methods and financial innovations will continue to emerge, which is exciting and makes people think about the future of traditional financial institutions. Will we continue to stick to tradition and seek innovation, or will we embrace the new era once and for all?Perhaps only time will tell. However, what kind of changes and impacts will this answer bring us, and will we be able to adapt and seize the opportunities?These questions will be a new direction for us to think about. Let's wait and see how this life-and-death battle between cash and finance will end up in the end.